News in Numbers

¥5trn

Japan will attempt to build a homegrown aircraft again after the country’s Ministry of Economy, Trade and Industry announced a ¥5trn ($33bn) project to build a plane powered by an alternative fuel source by 2035. 

$10bn

Aircraft maintenance service provider StandardAero could be put up for sale by owner Carlyle Group, which is considering listing the business for around $10bn. 

$841m

Mexico’s new state-owned airline, Mexicana, has been sued for more than $840m by SAT Aero Holdings, the US company it hired to help with a variety of services as part of launching the company.

$200m

United Airlines has said that the grounding of some Boeing 737 MAX planes in early 2024 cost it $200m and caused the company to record a loss for Q1 despite an increase in revenue compared to 2023. 

$130m

The US Federal Aviation Administration (FAA) is awarding $130m from the Bipartisan Infrastructure Law funds to nearly 100 airports across the US to increase safety and expand capacity, including $20m for smaller airports to rebuild or upgrade ATC towers.

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